3.0.0 701 2023-01-11T13:28:36Z 2023-01-11T13:28:36Z House HR 2015-02-04 114 [Congressional Record Volume 161, Number 19 (Wednesday, February 4, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WALBERG:H.R. 701.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8.Clause 1: The Congress shall have the Power To lay andcollect Taxes, Duties, Imposts and Excises, to pay the Debtsand provide for the common Defence and general Welfare of theUnited States; but all Duties, Imposts and Excises shall beuniform throughout the United States;Clause 18: To make all Laws which shall be necessary andproper for carrying into Execution the foregoing Powers, andall other Powers vested by this Constitution in theGovernment of the United States, or in any Department orOfficer thereof.[Page H812]]]> hswm00 Ways and Means Committee House Standing Referred to 2015-02-04T15:01:15Z 2015-02-04 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-02-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-02-04 Introduced in House IntroReferral 1000 9 Library of Congress W000798 Rep. Walberg, Tim [R-MI-7] Tim Walberg R MI 7 N K000380 Rep. Kildee, Daniel T. [D-MI-5] Daniel Kildee D MI T. 5 2015-02-04 True Taxation Higher education Income tax exclusion Student aid and college costs Taxation 00 2015-02-04 Introduced in House 2015-03-10T19:47:57Z Helping Families Save for Education Act

Amends the Internal Revenue Code, with respect to Coverdell education savings accounts, to: (1) increase the age limit for beneficiaries of such accounts after which contributions may not be made from age 18 to age 22, and (2) increase the maximum contribution limit in any taxable year from $2,000 to $10,000.

]]> Helping Families Save for Education Act Display Title Helping Families Save for Education Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to expand access to Coverdell education savings accounts. Introduced in House IH Short Titles as Introduced Helping Families Save for Education Act Introduced in House 2015-02-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr701ih/xml/BILLS-114hr701ih.xml 2015-02-04 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.